I bet they'll start the pilot site in Kansas..maybe they PR about it next week..we'll see~
Under the terms of the MOA, Fidelity would identify one of the sites in its Kansas oilfield operations as the location for a pilot site to showcase how hybrid RES components can serve oilfield power and energy requirements, just as they can serve cannabis grow operations requirements. (See NovoFuel news release of March 12, 2015).
The two companies will work closely together to match power & energy requirements of various oil well sites with an optimal configuration of RES components for each site. NovoFuel's hybrid RES solutions include a monopole tower-mounted wind turbine, a solar panel array, a large format 18.6kW lithium-ion battery, a hydrogen fuel cell when necessary, as well as a real-time energy management & control module, and a site security module.
Fidelity Holding Corporation, a general holding company based in Tucson, Arizona, focuses on opportunities in the oil and gas, and renewable energy sectors. The company, through its subsidiary, Rebel Resources, Inc., engages in the production of heavy oil. It primarily focuses on proprietary thermal technology to extract additional heavy oil out of mature oil fields worldwide. Rebel has established a competitive advantage within the industry by using the new technology and techniques to produce heavy oil in the Cherokee Basin in Kansas; the technology capitalizes on existing stranded natural gas reserves to optimize the economics of the heavy oil operations.
